Ross Stores, Inc. (ROST)

NASDAQ: ROST · Real-Time Price · USD
139.32
+0.06 (0.04%)
At close: Nov 20, 2024, 4:00 PM
140.89
+1.57 (1.13%)
Pre-market: Nov 21, 2024, 5:25 AM EST
0.04%
Market Cap 46.22B
Revenue (ttm) 21.09B
Net Income (ttm) 2.07B
Shares Out 331.76M
EPS (ttm) 6.20
PE Ratio 22.46
Forward PE 21.95
Dividend $1.47 (1.06%)
Ex-Dividend Date Sep 10, 2024
Volume 3,677,807
Open 137.00
Previous Close 139.26
Day's Range 136.80 - 139.57
52-Week Range 127.53 - 163.60
Beta 1.10
Analysts Buy
Price Target 169.50 (+21.66%)
Earnings Date Nov 21, 2024

About ROST

Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company’s Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd’s DISCOUNTS stores sell its products at department and discount stores for households with moderate income. Ross Stores, Inc. was incorporated in 1957... [Read more]

Industry Apparel Retail
Founded 1982
Employees 108,000
Stock Exchange NASDAQ
Ticker Symbol ROST
Full Company Profile

Financial Performance

In 2023, Ross Stores's revenue was $20.38 billion, an increase of 8.99% compared to the previous year's $18.70 billion. Earnings were $1.87 billion, an increase of 23.97%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for ROST stock is "Buy." The 12-month stock price forecast is $169.5, which is an increase of 21.66% from the latest price.

Price Target
$169.5
(21.66% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ross Stores Announces Quarterly Dividend

DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) announced today that the Company's Board of Directors declared a regular quarterly cash dividend of $0.3675 per common share, payable ...

11 hours ago - Business Wire

Retail holiday sales will be robust, says JPMorgan's Matt Boss

Matt Boss, JPMorgan equity research analyst, joins 'Closing Bell' to discuss the retail backdrop ahead of earnings and how to play the sector.

Other symbols: ANFBURLGAPKSSTJXWMT
2 days ago - CNBC Television

Ross Stores, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call

DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) plans to release its third quarter 2024 earnings results on Thursday, November 21, 2024 at approximately 4:00 p.m. Eastern time. Parti...

13 days ago - Business Wire

Proficient Auto Logistics Appoints Brenda Frank to Board of Directors

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Proficient Auto Logistics, Inc. (NASDAQ: PAL) today announced that the Board of Directors (the “Board”) of Proficient Auto Logistics, Inc. (“Proficient”) appointed...

Other symbols: PAL
21 days ago - Business Wire

Ross Stores Appoints Boot Barn Chief James Conroy as CEO

Ross Stores has appointed Boot Barn President and CEO James Conroy as its CEO, effective Feb. 2, 2025. The appointment follows a search process launched in June 2023 when Ross Stores announced its lon...

23 days ago - PYMNTS

Ross Stores Names James G. Conroy as Next Chief Executive Officer

DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) announced today that its Board of Directors has appointed James Conroy (54), a seasoned retail CEO, as Chief Executive Officer, succee...

23 days ago - Business Wire

ROSS STORES OPENS 47 NEW LOCATIONS

COMPLETES 2024 STORE GROWTH PLANS DUBLIN, Calif. , Oct. 21, 2024 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST) recently opened 43 Ross Dress for Less® ("Ross") and four dd's DISCOUNTS® stores acros...

4 weeks ago - PRNewsWire

Younger Consumers Can Lift These 3 Retail Stocks, Bank of America Says

Demand from younger shoppers should benefit off-price apparel retailers like Burlington Stores (BURL), Ross Stores (ROST), and TJX (TJX), according to Bank of America analysts.

Other symbols: BURLTJX
2 months ago - Investopedia

High Quality Dividend Stock Universe: Ross Stores, Inc. Growing But Expensive

ROST has a market beating history with a since inception CAGR of 19.3%. The company has steady revenue growth, strong gross profit margins and a healthy ROIC. ROST has a strong history of above averag...

2 months ago - Seeking Alpha

14 retail stocks that are firing on all cylinders

These retailers have been increasing same-store sales while improving their profit margins

2 months ago - Market Watch

Ross Stores Announces Merchandising Leadership Changes

DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) announced today merchandising leadership changes that the Company believes will strengthen the successful execution of its off-price s...

2 months ago - Business Wire

Top Wall Street analysts are bullish on the potential of these 3 stocks

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Planet Fitness and Ross Stores.

Other symbols: PLNTS
2 months ago - CNBC

Ross Stores and TJ Maxx Add Stores; Target Focuses on Digital Engagement

Second-quarter earnings reports for Ross Stores, TJX Companies (parent of TJ Maxx) and Target unveiled a mixed bag of results against a backdrop of economic uncertainty and ongoing supply chain disrup...

Other symbols: TGTTJX
3 months ago - PYMNTS

How T.J.Maxx and Ross Stores Came to Rule Shopper's Wallets

Consumers have reclaimed a bit of their buying power, but many can't throw caution to the wind or splurge on big-ticket items.

Other symbols: TJX
3 months ago - Barrons

Ross Stores' Optimistic Outlook: Analysts Highlight Growth Potential and Strong Financial Performance

Ross Stores, Inc. ROST shares are trading higher on Friday.

3 months ago - Benzinga

Ross Stores Raises Outlook But Warns About Discretionary Spending

Ross Stores (ROST) shares rose Friday, a day after the discount clothing retailer raised its full-year profit outlook but acknowledged a challenging consumer spending environment.

3 months ago - Investopedia

ROST Carries Retail Strength, INTU Headwinds, UBER & GM Autonomous Driving Deal

Earnings led to a rally for Ross Stores (ROST) and a sell-off for Intuit (INTU). Meanwhile, General Motors (GM) makes a deal to speed up Uber's (UBER) presence in the autonomous driving space.

Other symbols: GMUBERINTU
3 months ago - Schwab Network

Dow Jumps 200 Points; Ross Stores Posts Upbeat Earnings

U.S. stocks traded higher this morning, with the Dow Jones gaining around 200 points on Friday.

3 months ago - Benzinga

Ross Stores To Rally Around 25%? Here Are 10 Top Analyst Forecasts For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

3 months ago - Benzinga

Ross Stores, Inc. (ROST) Q2 2024 Earnings Call Transcript

Ross Stores, Inc. (NASDAQ:ROST) Q2 2024 Earnings Conference Call August 22, 2024 4:15 AM ET Company Participants Barbara Rentler - Chief Executive Officer Adam Orvos - Executive Vice President & Chie...

3 months ago - Seeking Alpha

Ross Stores' stock climb after posting earnings beat

Zachary Warring, CFRA equity research analyst, joins 'Closing Bell Overtime' to talk Ross earnings.

3 months ago - CNBC Television

Ross Stores lifts profit view on firm demand for discounted apparel

Ross Stores raised its fiscal 2024 profit forecast and posted second-quarter results above Wall Street estimates on Thursday, benefiting from demand for its discounted apparel and easing freight costs...

3 months ago - Reuters

Ross Stores Reports Second Quarter Earnings

DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended August 3, 2024 of $1.59 on net income of $527 million. These results compare ...

3 months ago - Business Wire

Top 2 Consumer Stocks That Could Sink Your Portfolio In August

As of Aug 22, 2024, two stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: CAVA
3 months ago - Benzinga

How To Earn $500 A Month From Ross Stores Stock Ahead Of Q2 Earnings

Ross Stores, Inc. ROST is expected to release earnings results for its second quarter, after the closing bell on Thursday, Aug. 22.

3 months ago - Benzinga